Market Sizing, Competition, Barrier of Entry, and Recommendation
11 Oct 2020
Overview
Market Size
Competition
Rent cost and ROI
Recommendation
"76 percent of young Taiwanese have either already started their own business or would like to do so... with nearly 91 percent of respondents who indicated they wanted to run their own business saying that they are interested in selling street food or local dishes"
"... while 60 percent who have tried failed to turn a profit."
Taipei Times, 2018
"...common reasons new businesses do not make it: not knowing your market enough, client, competition, buying power..."
*the term "restaurant" in here mean food and beverage business (could mean food stall or other)
Overview
Market Size
Competition
Rent cost and ROI
Recommendation
Overview
Market Size
Competition
Rent cost and ROI
Recommendation
Overview
Market Size
Competition
Rent cost and ROI
Recommendation
Overview
Market Size
Competition
Rent cost and ROI
Recommendation
“We experienced 5,000 percent growth in the past 24 months,” Yu said. “That’s more than the previous six years combined.”